With the XRP token approaching an all-time high, Ripple’s 2024 election gambles appear to have paid off—big-time.

“As expected, the SEC’s appeal brief is a rehash of already failed arguments — and likely to be abandoned by the next administration,” Ripple chief legal officer Stuart Alderoty wrote on X.

The SEC appeals a court ruling on XRP classification, challenging its non-security status in sales, and argues Ripple's contract violations.

XRP, the native token of the XRP Ledger network closely related to Ripple, surged to a six-year high on Wednesday as bitcoin (BTC) rallied to

XRP surges to a 7-year high, surpassing $3 as large holders accumulate $3.8 billion in tokens. Market optimism grows amidst regulatory clarity and expanding adoption.

XRP has once again hit a new milestone, breaking $3 for the first time in since 2018 even as the SEC filed an appeal in its case against Ripple.

XRP, the Binance places XRP’s all-time high at $3.84 while CoinGecko places it at $3.40. This story was originally featured on Fortune.com

The XRP price pumped more than 8% to above $3 for the first time since 2018 as Ripple chief legal officer Stuart Alderoty said the US Securities and Exchange C (SEC) lawsuit against the company has become “just noise.

Ripple’s XRP has reached a major milestone, almost touching the $3 mark for the first time since 2018, signaling a significant price surge for the token. The coin has surged more than 15% in the past 24 hours,